TYPS GLOBAL, S.L.
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TYPS GLOBAL, S.L. - overview
Established
2018
Location
Barcelona, -, Spain
Primary Industry
Financial Services
About
TYPS GLOBAL, S. L. is a financial technology company dedicated to improving employee financial wellbeing through innovative earned wage access and money management solutions. Founded in 2018, TYPS GLOBAL, S.
L. operates from Barcelona, Spain, providing services designed to enhance employee financial wellness. The company was acquired by Hastee Pay Ltd in November 2020, a move aimed at expanding its operational capabilities. The founder, Ernesto Bernado, has a history of entrepreneurial ventures, further enhancing the company's strategic vision.
TYPS has secured a total funding amount of EUR 0. 300 mn in its Seed round, with investors including ESC Venture Capital, Nuclio, and Sabadell Venture Capital. TYPS GLOBAL, S. L.
provides an innovative platform that enhances employee financial wellbeing through earned wage access and financial education tools. This service allows employees to access a portion of their wages ahead of payday, addressing immediate financial needs and fostering better financial habits. The platform is tailored for businesses across various sectors, primarily in the United Kingdom, and is expanding into additional international markets. In 2022, TYPS GLOBAL, S.
L. reported revenues of EUR 282. 4 mn and an EBITDA of EUR -203,469,080. 4 for 2023, reflecting its financial performance during this period.
Looking ahead, TYPS GLOBAL, S. L. is focused on launching new products aimed at further enhancing the financial wellbeing of employees, with specific details to be announced in the near future. The company plans to expand its services into new geographic regions, building on its solid foundation in the United Kingdom.
The recent Seed funding round of EUR 0. 300 mn will be pivotal in supporting these initiatives, particularly in product development and market expansion efforts.
Current Investors
Hastee Pay Ltd
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.typs.com
Verticals
Cloud Computing, FinTech, FinTech, Mobile Apps
Company Stage
Add-on
Total Amount Raised
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